South Africa Wood Pellets Market Size & Outlook, 2023-2030
South Africa wood pellets market, 2018-2030 (US$M)
Related Markets
South Africa wood pellets market highlights
- The South Africa wood pellets market generated a revenue of USD 0.5 million in 2023 and is expected to reach USD 0.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, power generation was the largest revenue generating application in 2023.
- Heating is the most lucrative application segment registering the fastest growth during the forecast period.
Wood pellets market data book summary
| Market revenue in 2023 | USD 0.5 million |
| Market revenue in 2030 | USD 0.9 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Power generation |
| Fastest growing segment | Heating |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Heating, Power Generation, CHP |
| Key market players worldwide | Enviva Inc, Drax Group PLC, Highland Pellets, Energix-Renewable Energies Ltd, Graanul Invest, Pinnacle Financial Partners Inc, Sinclair Inc Ordinary Shares - Class A, Lauzon, The United Company, Pellet Group, Groupe SEB, LACROIX group |
Other key industry trends
- Country-wise, UK is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa wood pellets market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 0.9 million by 2030.
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Wood Pellets Market Scope
Wood Pellets Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa wood pellets market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wood pellets market will help companies and investors design strategic landscapes.
Power generation was the largest segment with a revenue share of 60% in 2023. Horizon Databook has segmented the South Africa wood pellets market based on heating, power generation, chp covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Africa wood pellets market databook
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Our clientele includes a mix of wood pellets market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa wood pellets market , including forecasts for subscribers. This country databook contains high-level insights into South Africa wood pellets market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa wood pellets market size, by application, 2018-2030 (US$M)
South Africa Wood Pellets Market Outlook Share, 2023 & 2030 (US$M)
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